Pine Cliff Energy Ltd T.PNE

Natty goes Nutty!!!

[zack50]

Natural gas, at the time of this post, is trading @ $9.02/MMBtu... we haven't witnesed this price since 2008.

As you folks know, the increase in AECO forward natural gas pricing is due to many factors, including increased demand in North America, increased LNG and Mexico exports from the United States, and the efforts to refill natural gas storage levels in Canada, the United States and Europe before the 2022-23 winter season.

We could see PNE vault the $2 bar tomorrow!

[zack50]

Back on March 30/22 I posted... "With AECO @ $5 and a conservative multiple of 5, I've now set my TP for $1.75 by the end of Q2. With AECO settling @ $5.50 and a slight increase in the multiple to 5.5, I believe we can reach a share price of $2.15 by the end of Q3." This was just after we went through the $1.18 TP. LOL, we've surpassed $1.75, cleared the $2 bar this morning and